Property profile

6724 Shallowford Rd Lewisville, NC 27023

OFF-MARKET
Land
Property ID
US53-1580247
2.33 ac lot
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Property summary

AI-generated overview

This exceptional 2.33-acre commercial land parcel presents a unique investment opportunity in the thriving town of Lewisville, North Carolina. Located at 6724 Shallowford Road, this property boasts 210 feet of frontage on a major thoroughfare, providing excellent visibility and accessibility. Its strategic location offers easy access to Highway 421 and Interstate 40, ensuring convenient connectivity for businesses and customers alike. Situated within the Lewisville downtown overlay district, this site benefits from the area's revitalization efforts and potential for future growth. The property's prime location is further enhanced by its proximity to the Oaks of Lewisville Shopping Center, ensuring high foot traffic and a strong customer base. The surrounding area boasts a desirable demographic profile, with average household incomes exceeding $80,000, indicating strong purchasing power and market demand. This exceptional land parcel is priced at $700,000 and presents a compelling opportunity for developers and investors seeking a high-potential commercial site in a rapidly growing community. The Forsyth County location and 27023 zip code further solidify its appeal. Don't miss this chance to acquire a piece of Lewisville's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 2.33 ac (101,495 SF)
UPID US53-1580247

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6724 Shallowford Rd Lewisville, NC 27023
Lewisville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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